Lat Co (XKRX:311060) Interest Expense : ₩ Mil (TTM As of Dec. 2023)

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What is Lat Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lat Co's interest expense for the six months ended in Dec. 2023 was ₩ -304 Mil. Lat Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Lat Co's Operating Income for the six months ended in Dec. 2023 was ₩ -2,248 Mil. Lat Co's Interest Expense for the six months ended in Dec. 2023 was ₩ -304 Mil. Lat Co did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lat Co Interest Expense Historical Data

The historical data trend for Lat Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lat Co Interest Expense Chart

Lat Co Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-114.43

-147.23

-304.14

Lat Co Semi-Annual Data
	Dec21	Dec22	Dec23
Interest Expense	-114.43	-147.23	-304.14

Lat Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Lat Co (XKRX:311060) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lat Co's Interest Expense for the six months ended in Dec. 2023 was ₩-304 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₩-2,248 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₩8,011 Mil.

Lat Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Lat Co did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Lat Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lat Co Ltd (XKRX:311060) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

766-2 Gosaek-dong, Gwonseon-gu, Pyeong-dong, Gyeonggi-do, 1433-100, Suwon, KOR, 16643

Website

http://www.latplasma.com

Lat Co Ltd is a Korean company which operates in the vacuum equipment industry. It manufactures semiconductor and display equipment, while its products offerings include Vacuum deposition equipment, Heat treatment devices, etching devices, fusion compound devices, and other devices. It offers products for industries including solar cells (MEMS, PACKAGE, PCB), displays (AMOLED, LCD), and renewable energy (crystalline, thin film solar cells).

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